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E. I. du Pont de Nemours and Company

E. I. du Pont de Nemours and Company
Public
Traded as
Industry Conglomerate
Founded 1802; 215 years ago (1802)
Founder Éleuthère Irénée du Pont
Headquarters Wilmington, Delaware, United States
Area served
90 countries
Key people
Edward D. Breen (Chair & CEO)
Products
Revenue DecreaseUS$25.268 billion (2015)
DecreaseUS$2.350 billion (2015)
DecreaseUS$1.953 billion (2015)
Total assets DecreaseUS$41.166 billion (2015)
Total equity DecreaseUS$9.993 billion (2015)
Number of employees
52,000 (2015)
Subsidiaries
Website www.dupont.com

E. I. du Pont de Nemours and Company, commonly referred to as DuPont, is an American conglomerate that was founded in July 1802 as a gunpowder mill by French-American chemist and industrialist Éleuthère Irénée du Pont.

In the 20th century, DuPont developed many polymers such as Vespel, neoprene, nylon, Corian, Teflon, Mylar, Kapton, Kevlar, Zemdrain, M5 fiber, Nomex, Tyvek, Sorona, Corfam, and Lycra. DuPont developed Freon (chlorofluorocarbons) for the refrigerant industry, and later more environmentally friendly refrigerants. It also developed synthetic pigments and paints including ChromaFlair.

In 2014, DuPont was the world's fourth largest chemical company based on market capitalization and eighth based on revenue. Its stock price is a component of the Dow Jones Industrial Average.

DuPont was founded in 1802 by Éleuthère Irénée du Pont, using capital raised in France and gunpowder machinery imported from France. The company was started at the Eleutherian Mills, on the Brandywine Creek, near Wilmington, Delaware, two years after he and his family left France to escape the French Revolution and religious persecutions against Huguenot protestants. It began as a manufacturer of gunpowder, as du Pont noticed that the industry in North America was lagging behind Europe. The company grew quickly, and by the mid-19th century had become the largest supplier of gunpowder to the United States military, supplying half the powder used by the Union Army during the American Civil War. The Eleutherian Mills site is now a museum and a National Historic Landmark.


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